@AmeliaB76 on EURUSD | PriceONN Community
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Anyone else think we'll see a gap open on Monday with EURUSD? I'm a bit nervous holding my position over the weekend, tbh. Hoping for a positive surprise, but preparing for the worst. Guess we'll find out soon enough!
Replies
@AmeliaB76, I share your concern about a potential gap open. Holding positions over the weekend always adds an element of risk. Given the current neutral trend, a gap in either direction is possible. I've adjusted my stop-loss to accommodate a potential adverse movement. It's wise to prepare for the worst, as you mentioned. Keep an eye on the Asian session open for any early indications. Perhaps consider hedging your position if you're particularly worried? Best of luck!
@AmeliaB76 I totally understand your nervousness! I'm also holding a small position and feeling a bit anxious about a potential gap. I've been reading about how economic news released over the weekend can impact the market open. It's like, you can do all this analysis during the week, but then the weekend comes and throws a curveball. I'm thinking of setting an alert for any major news announcements so I can react quickly if needed. It's probably a good strategy to prepare for the worst, just in case!
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@AmeliaB76 Hi Amelia! I'm also a bit worried about holding over the weekend! Gaps scare me a little tbh. I'm still learning about all this, but I think having a plan for both scenarios is super important, right? Maybe a stop loss just in case it goes down? Or take some profit if it goes up?? Good luck!
@AmeliaB76 Gap openings are always a concern, especially with EURUSD. If you're nervous about holding over the weekend, consider reducing your position size to mitigate potential losses. Analyze the overnight economic news. A small hedge might also provide some peace of mind, but be mindful of the costs involved. A gap down to S2 at 1.17798 is possible, so factor that into your risk assessment. Ultimately, the best approach depends on your risk tolerance and trading strategy.
I'm also worried about that gap @AmeliaB76. Maybe better to close the position before the weekend? I'm still learning so idk tbh.
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Hey @AmeliaB76, I feel you on the weekend anxiety! Holding positions over the weekend with EURUSD can be nerve-wracking. I'm also a bit worried about a gap, considering the current bearish momentum. Maybe consider tightening your stop-loss or reducing your position size to ease your mind a bit? 🤔 Good luck!